$850,000
SOLD JUN 24, 2016

2501 N Wayne Ave Unit 4 Chicago, IL 60614

West DePaul Neighborhood
3 Beds
3 Baths
2,700 Sq Ft
$405/mo HOA Fee

Recently Sold

$315 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Steam Shower
  • Mayer Elementary School Rated A-
  • Main Floor Bedroom
  • Home Office

About This Home

As of April 2024

Exceptional Lincoln Park Townhome on quiet residential tree-lined street. Private entrance from beautifully landscaped courtyard. 3 BR + large office or easily converted to original 4 BR floorplan. Totally renovated in 2005 including windows, HVAC, all baths and kitchen. Additional recent updates. Custom woodwork, and top quality hardware and fixtures. Beautiful kitchen with perfect layout, abundant storage, eat-in area, and Sub-Zero/Wolf/Bosch appliances. Custom Brookhaven cabinetry and oak hardwood floors throughout home. Two fireplaces, custom closets and built-ins. Beautiful private, gated garden and roof top deck. Steps from Lake Shore Fitness. Walking distance to shopping, public transportation and more.

Last Agent to Sell the Property

Ron Rashid

Coldwell Banker Realty License #475122409 Listed on: 05/02/2016

Coldwell Banker Realty

Last Buyer's Agent

Millie Rosenbloom

Baird & Warner License #475085764

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,576

Year Built

  • 1989

Lot Details

  • East or West Exposure

HOA Fees

  • $405 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Entrance Foyer
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • High End Refrigerator
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub
  • Steam Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,576

Year Built

1989

Lot Details

0

HOA Fees

$405 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 26-30 Years
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1989
  • Tax Exemptions: Homeowner
  • Type Attached: T3-Townhouse 3+ Stories
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 1989

Interior Features

  • Interior Property Features: Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 8
  • Living Room: Dimensions: 19X14, On Level: 2nd Level, Flooring: Hardwood, Windows: Plantation Shutters
  • Appliances: Oven/Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room, Living Room
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Steam Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 16X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 14X12, On Level: 2nd Level, Flooring: Hardwood, Windows: None
  • Kitchen Type: Dimensions: 13X18, On Level: 2nd Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer, Office
  • Master Bedroom: Dimensions: 14X19, On Level: 3rd Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Office, Dimensions: 9X13, On Level: 3rd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 2 Name: Foyer, Dimensions: 7X13, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Bedroom 2: Dimensions: 9X10, On Level: 3rd Level, Flooring: Hardwood, Windows: Shades
  • Additional Room 3 Name: Other, Dimensions: 9X9, On Level: 4th Level, Flooring: Hardwood, Windows: Shades
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Estimated Sq Ft: 2700
  • Dining Room Type: Separate
  • Family Room: Dimensions: 13X19, On Level: Main Level, Flooring: Ceramic Tile, Windows: Curtains/Drapes

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio, Roof Deck, Storms/Screens
  • Exposure: E (East), W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 405
  • Management Contact Name: Jennifer
  • Management Phone: 312-329-8400

Fee Information

  • Management Company: GNP Realty Partner

Schools

  • School District: 299
  • High School: LINCOLN PARK HIGH SCHOOL
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 14293150941004

Multi Family

  • Total Number Unitsin Building: 22
  • Number Stories: 4

Tax Info

  • Taxes: 9,728.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2024
Closed on
Apr 2, 2024
Sold by
W Glen Smith Revocable Trust and Hock Gregory John
Bought by
Yie Zi and Li Qiana
Seller's Agent
Jeff Herbert
Urban Living Properties, LLC
Buyer's Agent
Ricky Sun
HomeSmart Realty Group
List Price
$1,025,000
Sold Price
$1,000,000
Premium/Discount to List
-$25,000
-2.44%
Views
51
Current Estimated Value
$1,086,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,353
Avg. Annual Appreciation
6.01%
Original Mortgage
$200,000
Outstanding Balance
$187,829
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$898,524

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 23, 2023
Sold by
Oconnor Matthew T and Oconnor Elizabeth R
Bought by
W Glen Smith Revocable Trust
Seller's Agent
Katie Hutchens
Jameson Sotheby's Intl Realty
Buyer's Agent
Jeff Herbert
Urban Living Properties, LLC
List Price
$979,000
Sold Price
$970,000
Premium/Discount to List
-$9,000
-0.92%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 17, 2021
Sold by
Caltabiano Ronald
Bought by
Oconnor Matthew T and Oconnor Elizabeth
Seller's Agent
Millie Rosenbloom
Baird & Warner
Buyer's Agent
Layching Quek
Redfin Corporation
List Price
$870,000
Sold Price
$850,000
Premium/Discount to List
-$20,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$722,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2019
Sold by
Caltabiano Ronald and Mugge John H
Bought by
Caltabiano Ronald

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 17, 2016
Sold by
Kriston Mark and Kriston Kathy
Bought by
Caltabiano Ronald and Mugge John H
Seller's Agent
Ron Rashid
Coldwell Banker Realty
Buyer's Agent
Millie Rosenbloom
Baird & Warner
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$722,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 3, 2013
Sold by
Long Maureen T and Long Thomas E
Bought by
Kriston Mark and Kriston Kathy
Seller's Agent
Harry Maisel
@properties Christie's International Real Estate
Buyer's Agent
Ryan Gossett
Compass
List Price
$775,000
Sold Price
$796,000
Premium/Discount to List
$21,000
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Jul 20, 1994
Sold by
Doherty Ann T
Bought by
Cml 1994 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,200
Interest Rate
8.25%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,000,000 First American Title
Warranty Deed $970,000 Fidelity National Title
Warranty Deed $850,000 Baird & Warner Ttl Svcs Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $850,000 First American Title
Warranty Deed $796,000 First American Title Insuran
Warranty Deed $384,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $722,500 New Conventional
Previous Owner $722,500 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 Unknown
Previous Owner $300,000 Credit Line Revolving
Previous Owner $240,000 Unknown
Previous Owner $307,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,000,000 -2.4% --
02/23/2024 02/23/24 Pending -- -- --
02/18/2024 02/18/24 For Sale $1,025,000 +5.7% --
10/23/2023 10/23/23 Sold $970,000 -0.9% --
09/22/2023 09/22/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $979,000 +15.2% --
12/01/2021 12/01/21 Sold $850,000 -2.3% $315 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $870,000 +2.4% $322 / Sq Ft
06/24/2016 06/24/16 Sold $850,000 -1.6% $315 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $864,000 -3.9% $320 / Sq Ft
05/02/2016 05/02/16 For Sale $899,000 +12.9% $333 / Sq Ft
10/03/2013 10/03/13 Sold $796,000 +2.7% --
07/31/2013 07/31/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $775,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,576 $97,346 $23,855 $73,491
2023 $16,138 $81,881 $19,238 $62,643
2022 $16,138 $81,881 $19,238 $62,643
2021 $15,795 $81,879 $19,237 $62,642
2020 $15,045 $70,639 $9,234 $61,405
2019 $14,715 $76,668 $9,234 $67,434
2018 $14,466 $76,668 $9,234 $67,434
2017 $13,672 $63,510 $8,208 $55,302
2016 $12,220 $63,510 $8,208 $55,302
2015 $11,157 $63,510 $8,208 $55,302
2014 $9,728 $55,000 $6,957 $48,043
2013 $9,525 $55,000 $6,957 $48,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09212327

Midwest Real Estate Data (MRED)

APN: 14-29-315-094-1004